11321 Alachua Creek Ln, Riverview, FL 33579
5 beds · 4 baths · 3,566 sqft
Welcome home to this spacious 5-bedroom, 4-bathroom two-story home offering over 3500 square feet of luxurious living space. Designed for both comfort and functionality, this home features an open layout ideal for family living and entertaining, combined with a whole house filtration system and solar panels for energy-efficiency and reduced utility costs. To add to the impressive list of features, the home boasts two master suites, one on the first floor and the Grand Master on the second. Both ensuites feature dual vanities with large showers and oversized walk-in closets. The home also features a well-appointed kitchen with a Butler’s Pantry providing ample storage. The kitchen also includes upgraded stainless steel appliances, granite countertops and an expansive island for meal prep and entertaining. The open concept dining and living area overlook the screened lanai providing year-round outdoor living and relaxation. Furthermore, the expansive second floor bonus room has a built-in entertainment center ideal for family movie nights or the space can be used for a dedicated game room. Additionally, the home features a “flex” space that’s ideal for a study, home office or a formal dining room. The home is located in the thriving community of Carlton Lakes, featuring a plethora of amenities suited for all ages and activity levels. From its numerous walking/jogging trails, oversized resort style pool, to its large fitness/community center, play grounds, and a dog park offering something for every member of the family. The community is conveniently located near grocery stores, medical facilities, schools, shopping and restaurants. Take advantage of family activities such as Goodson Farms Strawberry Market and a Manatee viewing Center. This home has everything and blends practicality with plenty of flexible living space for a large family or a multi-generational option. Schedule your showing today and take the next step toward making this extraordinary home yours!
Source: STELLAR #tb8306141
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8306141
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
What is Roam?
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
What is an assumable mortgage?
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
Why is an assumable mortgage valuable?
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
How can you find assumable mortgage listings?
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Get Notified” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
How do I qualify for an assumable mortgage?
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
MLS ID: #tb8306141
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.